If they give you 1 USDT for 1 dollar that's fine as long as they can return that dollar when you return the USDT. The problem is when the number of coins in circulation not held by Tether is not backed with 1:1 cash or currency equivalents.
If they give you 1 USDT for 1 dollar that's fine as long as they can return that dollar when you return the USDT. The problem is when the number of coins in circulation not held by Tether is not backed with 1:1 cash or currency equivalents.